DiPaolo Financial Group Inc. Makes New $932,000 Investment in iShares Bitcoin Trust ETF $IBIT

DiPaolo Financial Group Inc. purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 18,773 shares of the company’s stock, valued at approximately $932,000. iShares Bitcoin Trust ETF comprises 1.0% of DiPaolo Financial Group Inc.’s portfolio, making the stock its 15th largest position.

Several other large investors have also recently made changes to their positions in the business. Brighton Jones LLC purchased a new position in iShares Bitcoin Trust ETF in the 4th quarter worth $711,000. Concentrum Wealth Management lifted its stake in iShares Bitcoin Trust ETF by 16.8% in the third quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock worth $8,702,000 after purchasing an additional 19,269 shares during the last quarter. Procyon Advisors LLC boosted its position in iShares Bitcoin Trust ETF by 920.1% during the fourth quarter. Procyon Advisors LLC now owns 227,604 shares of the company’s stock valued at $11,301,000 after buying an additional 205,292 shares during the period. Step Capital Management Pte. Ltd. purchased a new stake in iShares Bitcoin Trust ETF during the fourth quarter valued at about $3,724,000. Finally, Columbus Macro LLC grew its stake in shares of iShares Bitcoin Trust ETF by 77.0% during the fourth quarter. Columbus Macro LLC now owns 32,830 shares of the company’s stock valued at $1,630,000 after buying an additional 14,284 shares during the last quarter.

iShares Bitcoin Trust ETF Trading Down 2.0%

IBIT opened at $35.62 on Friday. The business’s 50-day moving average price is $41.64 and its 200-day moving average price is $43.78. iShares Bitcoin Trust ETF has a 12 month low of $33.48 and a 12 month high of $71.82.

iShares Bitcoin Trust ETF Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.